Is Departure Bay Capital Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Departure Bay Capital Corp (DBC.P.V) is currently classified as NOT HALAL as of October 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Departure Bay Capital Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Departure Bay Capital Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Departure Bay Capital Corp?

Muslim investors may consider investing in Departure Bay Capital Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Departure Bay Capital Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Departure Bay Capital Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Departure Bay Capital Corp updated?

The Shariah compliance status of Departure Bay Capital Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Departure Bay Capital Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Departure Bay Capital Corp?

You can check the latest Shariah compliance status of Departure Bay Capital Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

DBC.P.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 19, 2024

Report Source: 2025 2nd Quarter Report

Departure Bay Capital Corp. Stock Analysis DBC.P.V

Canada N/A Nano Cap Report: Q2, 2025

Departure Bay Capital Corp. is a capital pool company, which engages in the identification and evaluation of assets and businesses with a view to potential acquisition or participation by completing qualifying transactions. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2022-10-26. The principal business of the Company is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The firm has not generated any revenues from operations.

Key Statistics of Departure Bay Capital Corp (DBC.P.V)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD0.91CAD0.91

Today's Open

CAD0.91

Volume

3695.00

P/E Ratio (TTM)

52 Week Range

CAD0.90CAD1.25

Market Cap

Avg. Volume

19.74K

Dividend Yield

Financial Metrics & Statements of Departure Bay Capital Corp (DBC.P.V)

FAQ's for Departure Bay Capital Corp (DBC.P.V)

According to Musaffa’s Shariah screening methodology, Departure Bay Capital Corp (DBC.P.V) is currently classified as NOT HALAL as of October 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.